Closing Trades at the End of Session, Day, or Week
Closing trades at specific times can help you avoid market volatility during low-liquidity periods or end-of-session spikes.
How to configure:
- Under Risk Management, toggle one or more of the following options:
- Close trades at end of session
- Close trades at end of day
- Close trades at end of week
- Review the tooltip for exact timings (e.g., 16:00 New York time for end-of-day).
Example:
- For day trading futures, enable Close trades at end of session to avoid overnight gaps.
- For forex trading, enable Close trades at end of week to avoid weekend volatility.
Tips:
- Use these settings to align with your trading timeframe (e.g., intraday vs. swing trading).
- Combine with custom time filters to fine-tune trade closing behavior.